Desco Infratech Limited
Desco Infratech Limited
Price Band
₹147 - ₹150
Total Issue
₹30.75 Cr
Bid Dates
24 Mar - 26 Mar
Subscription
x
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
Desco Infratech Limited  is an Indian infrastructure services provider specializing in city gas distribution. They handle pipeline laying, installation, testing, and maintenance for Piped Natural Gas (PNG) used by domestic and commercial customers. Recently, the company has expanded into power distribution (LT and HT cable projects), water distribution (including wells, tanks, and pipelines), and renewable energy, offering RCC pile erection and solar module installation services.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 1,000 | ₹1,50,000 |
| Individual (Max) | 1 | 1,000 | ₹1,50,000 |
| S-HNI (Min) | 2 | 2,000 | ₹3,00,000 |
| S-HNI (Max) | 6 | 6,000 | ₹9,00,000 |
| B-HNI (Min) | 7 | 7,000 | ₹10,50,000 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
Desco Infratech IPO Peer Comparison
(Rs. in crores)
| Particulars | Co. | Rudra Gas Enterprise | Likhita Infrastructure | |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 29.39 | 63.77 | 422.09 | 0.00 |
| PAT (In Crs.) | 3.46 | 4.73 | 66.03 | 0.00 |
| EPS - Basic | 6.95 | 7.44 | 16.74 | |
| NAV per share | 24.10 | 31.49 | 78.62 | |
| RONW | 28.83% | 18.01% | 21.29% | |
| EBITDA | 18.91% | 14.77% | 21.97% | |
| PAT Margin | 11.76% | 7.41% | 15.64% | |
| Price to earning (PE) | 21.58 | 10.17 | 15.72 | |
| Debt to Equity | 0.34 | 0.08 | 0.00 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 22.75 | 29.49 | 29.28 | 19.92 |
| Profit after Tax | 3.38 | 3.46 | 1.23 | 0.83 |
| Net Worth | 22.67 | 11.99 | 5.04 | 3.85 |
| Total Borrowing | 6.82 | 4.06 | 5.81 | 3.09 |
| Total Assets | 36.12 | 23.80 | 20.65 | 11.73 |
| NAV per share (in ₹) | 40.46 | 24.10 | 11.19 | 8.56 |
| EPS - Basic (in ₹) | 6.03 | 6.95 | 2.73 | 1.83 |
KPIs
EBITDA
18.91%
PAT
11.76%
ROE
40.61%
RONW
28.83%
Debt to Equity
0.34
PE Ratio
21.58
PB Ratio
6.22
Mkt Cap (in Crs.)
115.14
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
10.82%
Public
89.18%
Management
Subscription Status
Updated as on Last updated time: N/A
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Total | -0.08x | 13,66,000 | -1,07,000 |
Frequently Asked Questions
What is Desco Infratech IPO?
When will Desco Infratech IPO open?
What is the GMP of Desco Infratech IPO?
What is the lot size of Desco Infratech IPO?
When is the allotment of Desco Infratech IPO?
What is the listing date of Desco Infratech IPO?
What is the subscription of Desco Infratech IPO?
What is the price band of Desco Infratech IPO?
How to check allotment status of Desco Infratech IPO?
How to apply Desco Infratech IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Desco Infratech IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Desco Infratech IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Desco Infratech IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date